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CORRECTION – Stem Holdings, Inc d/b/a Driven By Stem Announces Record Sales and Gross Margin for the Third Quarter
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The Week In Cannabis: Federal Drug Decrim, Connecticut, Louisiana, Big M&A Moves And More
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Stem Holdings to Present at Canaccord Genuity s Annual Global Cannabis Virtual Conference on May 11th
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(OTCQX: STMH CSE:STEM) (the
Company or
Stem ), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company featuring a proprietary Delivery-as-a-Service (DaaS) marketplace platform, today announced that Adam Berk, Chief Executive Officer, is scheduled to present virtually at the 2021 Canaccord Genuity Virtual Cannabis Conference, on Tuesday, May 11
th at 10:00 a.m. ET.
Canaccord Genuity s Annual Global Cannabis Conference is an investor-focused virtual event that engages a global network of leading players in the cannabis industry. The conference will be held via webcast and a presentation link will be provided on the Company s website or at this link.
Stem Holdings, Inc. d/b/a Driven by Stem (OTCQX: STMH) (CSE: STEM) (the
Company or
Stem ), the first multi-state, vertically integrated Farm-to-Home⢠(F2H) cultivation and technology omnichannel cannabis company featuring a proprietary Delivery-as-a-Service (DaaS) marketplace platform, today announced that it has teamed up with Organic Guyz, a Michigan Cannabis company, for the opening of its newest dispensary in the heart of Kalamazoo, Michigan this June. In addition, Stem will introduce its Budee e-commerce and delivery platform for the first time in the Midwest, in order to service the entire state of Michigan with future plans for expansion in adjacent markets.
Stem” or the “
Company“) the first multi-state, integrated cultivation and omnichannel technology cannabis company, announced today the closing of its previously announced marketed public offering (the “
Offering“) of units of the Company (the “
Units“). The Offering was led by Canaccord Genuity Corp. (the “
Agent“) on a ‘commercially reasonable efforts’ basis and consisted of the sale of 18,744,019 Units (including 1,471,291 Units pursuant to the partial exercise of the over-allotment option by the Agent) at a price of $0.55 per Unit for aggregate gross proceeds of $10,309,210 (including $809,210.05 pursuant to the partial exercise of the over-allotment option by the Agent).
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